THE RUSSIANS ARE COMING

August 18, 2018


Are we as Americans a little paranoid—or maybe a lot paranoid when it comes to trusting the Russians?  In light of the stories involving Russian collusion during the recent presidential election, maybe we should put trust on the shelf in all areas of involvement with Putin and the “mother-land”.  Do recent news releases through “pop” media muddy the waters or really do justice to a very interesting occurrence noted just this week? Let’s take a look.

The following is taken from a UPI News release on 16 August 2018:

“Aug. 16 (UPI) — Just days after the Trump administration proposed a Space Force as a new branch of the military, U.S. officials say they’re concerned about “very abnormal behavior” involving a Russian satellite.  The satellite, launched in October, is displaying behavior “inconsistent” with the kind of satellite Russia says it is, said Yleem D.S. Poblete, assistant secretary of state for the Bureau of Arms Control, Verification and Compliance . “Poblete suggested the satellite could be a weapon. “We don’t know for certain what it is, and there is no way to verify it,” he said Wednesday at a disarmament conference in Switzerland.

An artist’s rendition of that satellite is given below:

“Our Russian colleagues will deny that its systems are meant to be hostile,” Poblete continued. “But it is difficult to determine an object’s true purpose simply by observing it on orbit. “So that leads to the question: is this, again, enough information to verify and assess whether a weapon has or has not been tested in orbit? The United States does not believe it is.”

This release is basically saying that if we do not know what the Russian satellite is supposed to do, then it must be a weapon.  One of my favorite online publications is SPACE.com.  This group does a commendable job at assessing breaking stories and giving us the straight “poop” relative to all things in the cosmos.  Let’s take a look at what they say.

SPACE.com:

“This gets a bit confusing, so bear with me: Russia launched the Cosmos 2519 satellite in June 2017. This spacecraft popped out a subsatellite known as Cosmos 2521 in August of that year. On Oct. 30, a second subsat, Cosmos 2523, deployed from one of these two other craft.

“I can’t tell from the data whether the parent [of 2523] was 2519 or 2521, and indeed, I can’t be sure that U.S. tracking didn’t swap the IDs of 2519 and 2521 at some point,” McDowell said.  (NOTE: Jonathan McDowell, an astronomer at the Harvard-Smithsonian Center for Astrophysics who monitors many of the spacecraft circling our planet using publicly available U.S. tracking data.)

These three spacecraft performed a variety of maneuvers over the ensuing months, according to McDowell and Brian Weeden, director of program planning at the nonprofit Secure World Foundation. For example, Cosmos 2521 conducted some “proximity operations” around 2519 and may have docked with the mothership in October, Weeden said via Twitter today (Aug. 16).

Cosmos 2521 adjusted its orbit slightly in February 2018, then performed two big engine burns in April to significantly lower its slightly elliptical path around Earth, from about 400 miles (650 kilometers) to roughly 220 miles (360 km), McDowell said. The satellite fired its engines again on July 20, reshaping its orbit to a more elliptical path with a perigee (close-approach point) of 181 miles (292 km) and an apogee (most-distant point) of 216 miles (348 km).

And Cosmos 2519 conducted a series of small burns between late June and mid-July of this year, shifting its orbit from a nearly circular one (again, with an altitude of about 400 miles) to a highly elliptical path with a perigee of 197 miles (317 km) and an apogee of 413 miles (664 km), McDowell calculated.

These big maneuvers are consistent with a technology demonstration of some kind, he said.

Perhaps the Russians “are checking out the [spacecraft] bus and its capability to deliver multiple subsatellites to different orbits — something like that,” McDowell said. “From the information that’s available in the public domain, that would be an entirely plausible interpretation.”

“What are they complaining about?” McDowell said, referring to American officials. Weeden voiced similar sentiments. Cosmos 2523’s “deployment was unusual, but hard to see at this point why the US is making it a big deal,” he said via Twitter today. “There are a lot of facts and not a lot of pattern,” McDowell said. “So, partly I take the U.S. statement as saying, ‘Russia, how dare you do something confusing?'” It’s possible, of course, that American satellites or sensors have spotted Cosmos 2523 (or Cosmos 2519, or Cosmos 2521) doing something suspicious — some activity that can’t be detected just by analyzing publicly available tracking data. “But they need to say a little more for us to take that seriously,” McDowell said.

CONCLUSIONS:

We just do not know and we do not trust the Russians to let us know the purpose behind their newest satellite.  Then again, why should they?    We live in a world where our own media tells us “the public has the right to know”.  That’s really garbage.  The public and others have a right to know what we choose to tell them.  No more—no less.

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CAN YOU RETIRE

May 29, 2018


At some time in our working future we all hope to retire, but one burning question lingers—can you retire on what you have or will save at that point?  We are told that:

At some point in your life, you’ll be using this money to support your lifestyle. By the time you reach sixty (60), you should have six times your salary saved – that’s $360,000 if you make $60,000 per year. Unfortunately, the average sixty-something has an estimated median of $172,000 in the bank.  That is an estimate as of December 8, 2016.  Nearly half of American families have no retirement account savings at all.  This really blows my mind but this fact is what we are told by the Economic Policy Institute (EPI) in a new report entitled, “The State of American Retirement”.  Please take a look at the graphic below and you can see age groups vs retirement account savings.

Whereas the average savings of a family with members in the 32-to-37 age range is $31,644, the median savings is a bleak $480. At the other end, the average savings of families 56 to 61 — those nearest to retirement — is $163,557. The median is $17,000.

I think there are very specific reasons for the lack of savings, especially for younger citizens of our country.  Student loans, cost of living, pay scales, credit card debt, living above ones means, etc. all contribute to the inability to save or at least save enough for retirement.

The web site called MoneyWise.com has a very interesting solution to this problem or possible solution.  If you go to this web site and look up the following post: “Places You can Retire to for Less Than $200K” you will see a list of twenty (20) countries that can supply most if not all of your needs if your retirement is less than $200 K.  Let’s take a look at the list in order of favorability.

Thailand

Costa Rica

Nicaragua

Malaysia

Mexico

Malta

Ecuador

Spain

Portugal

Panama

Australia

Austria

Czech Republic

Slovenia

Chile

Uruguay

Vietnam

Guam

Indonesia

South Africa

MoneyWise.com completed a study comparing housing availability, cost of living, health care, crime, government and several other indicators to compile this list.  It is a very interesting study and I encourage you to take a look even if you are not considering being an expatriate. You just might change your mind.

There are two other web sites I definitely recommend you check out as follows: 1.)  The CIA Fact Book and 2.) Lonely Planet.  From these two you will find very valuable information relative to any country you wish to research.  Look before you leap might just be in order here. Another option might be spending time and not completely relocating.  Two, three, six or even nine months during one year might get you beyond worry relative to being able to afford retirement on what you have saved.  The most important thing is to DO THE RESEARCH.  Make a list, then a short list of the countries that represent the leading candidates. THEN MAKE A VISIT. Wade—don’t jump.  Several other considerations I would list are as follows:

  • Make sure you consider your family, friends and support group before you make the move. Will they be willing and able to visit on a regular basis if needed?
  • A huge factor for me would be availability of good if not excellent medical facilities.
  • Cost of transportation.
  • Language considerations. If English is an issue, how difficult would learning their language be?
  • Power supplied. (I know this is off the wall.) Does the country provide 120-volt AC, 60 cycles per second or do they provide another voltage and frequency?  In other words, will your electronics work?  Will you have to buy new equipment or can a converter do the job?
  • How difficult and costly is communication “back home”? This includes Internet services.
  • Viability of local banking institutions
  • Stability of government
  • Weather factors

This is where good research is a MUST.

THE NEXT COLD WAR

February 3, 2018


I’m old enough to remember the Cold War waged by the United States and Russia.  The term “Cold War” first appeared in a 1945 essay by the English writer George Orwell called “You and the Atomic Bomb”.

HOW DID THIS START:

During World War II, the United States and the Soviet Union fought together as allies against the Axis powers, Germany, Japan and Italy. However, the relationship between the two nations was a tense one. Americans had long been wary of Soviet communism and concerned about Russian leader Joseph Stalin’s tyrannical, blood-thirsty rule of his own country. For their part, the Soviets resented the Americans’ decades-long refusal to treat the USSR as a legitimate part of the international community as well as their delayed entry into World War II, which resulted in the deaths of tens of millions of Russians. After the war ended, these grievances ripened into an overwhelming sense of mutual distrust and enmity. Postwar Soviet expansionism in Eastern Europe fueled many Americans’ fears of a Russian plan to control the world. Meanwhile, the USSR came to resent what they perceived as American officials’ bellicose rhetoric, arms buildup and interventionist approach to international relations. In such a hostile atmosphere, no single party was entirely to blame for the Cold War; in fact, some historians believe it was inevitable.

American officials encouraged the development of atomic weapons like the ones that had ended World War II. Thus, began a deadly “arms race.” In 1949, the Soviets tested an atom bomb of their own. In response, President Truman announced that the United States would build an even more destructive atomic weapon: the hydrogen bomb, or “superbomb.” Stalin followed suit.

The ever-present threat of nuclear annihilation had a great impact on American domestic life as well. People built bomb shelters in their backyards. They practiced attack drills in schools and other public places. The 1950s and 1960s saw an epidemic of popular films that horrified moviegoers with depictions of nuclear devastation and mutant creatures. In these and other ways, the Cold War was a constant presence in Americans’ everyday lives.

SPACE AND THE COLD WAR:

Space exploration served as another dramatic arena for Cold War competition. On October 4, 1957, a Soviet R-7 intercontinental ballistic missile launched Sputnik (Russian for “traveler”), the world’s first artificial satellite and the first man-made object to be placed into the Earth’s orbit. Sputnik’s launch came as a surprise, and not a pleasant one, to most Americans. In the United States, space was seen as the next frontier, a logical extension of the grand American tradition of exploration, and it was crucial not to lose too much ground to the Soviets. In addition, this demonstration of the overwhelming power of the R-7 missile–seemingly capable of delivering a nuclear warhead into U.S. air space–made gathering intelligence about Soviet military activities particularly urgent.

In 1958, the U.S. launched its own satellite, Explorer I, designed by the U.S. Army under the direction of rocket scientist Wernher von Braun, and what came to be known as the Space Race was underway. That same year, President Dwight Eisenhower signed a public order creating the National Aeronautics and Space Administration (NASA), a federal agency dedicated to space exploration, as well as several programs seeking to exploit the military potential of space. Still, the Soviets were one step ahead, launching the first man into space in April 1961.

THE COLD WAR AND AI (ARTIFICIAL INTELLEGENCE):

Our country NEEDS to consider AI as an extension of the cold war.  Make no mistake about it, AI will definitely play into the hands of a few desperate dictators or individuals in future years.  A country that thinks its adversaries have or will get AI weapons will need them also to retaliate or deter foreign use against the US. Wide use of AI-powered cyberattacks may still be some time away. Countries might agree to a proposed Digital Geneva Convention to limit AI conflict. But that won’t stop AI attacks by independent nationalist groups, militias, criminal organizations, terrorists and others – and countries can back out of treaties. It’s almost certain, therefore, that someone will turn AI into a weapon – and that everyone else will do so too, even if only out of a desire to be prepared to defend themselves. With Russia embracing AI, other nations that don’t or those that restrict AI development risk becoming unable to compete – economically or militarily – with countries wielding developed AIs. Advanced AIs can create advantage for a nation’s businesses, not just its military, and those without AI may be severely disadvantaged. Perhaps most importantly, though, having sophisticated AIs in many countries could provide a deterrent against attacks, as happened with nuclear weapons during the Cold War.

The Congress of the United States and the Executive Branch need to “lose” the high school mentality and get back in the game.  They need to address the future instead of living in the past OR we the people need to vote them all out and start over.

 

MOST HATED COMPANIES

February 3, 2018


The list of the “most hated American companies” was provided by KATE GIBSON in the MONEYWATCH web site, February 1, 2018, 2:20 PM.  The text and narrative is this author’s.

Corporate America is sometimes, but not always, blamed for a number of misdeeds, swindles, “let’s bash the little guy”, etc. behavior.  Many times, those charges are warranted.   You get the picture.   Given below, is a very quick list of the twenty (20) most hated U.S. companies.  This list is according to 24/7 Wall St., which took customer surveys, employee reviews and news events into account in devising its list: ( I might mention the list is in descending order so the most-egregious offender is at the bottom.

  • The Weinstein Company. I think we can all understand this one but I strongly believe most of the employees of The Weinstein Company are honest hard-working individuals who do their job on a daily basis.  One big problem—you CANNOT tell me the word did not get around relative to Weinstein’s activities.  Those who knew are definitely complicit and should be ashamed of themselves.  This includes those holier-than-thou- actresses and actors pretending not-to-know.
  • United Airlines. The Chicago-based carrier is still in the dog housewith customers after a video of a passenger being forcibly removed from his seat on an overbooked flight went viral last year. You simply do NOT treat individuals, much less customers, in the manner in which this guy was treated.  I wonder how much money United has lost due to the video?
  • Fake news, deceptive ads, invasion of privacy.  You get the picture and YET millions subscribe.  This post will be hyperlinked to Facebook to improve readership.  That’s about the only reason I use the website.
  • I don’t really know these birds but apparently the telecom, one of the nation’s biggest internet and telephone service providers, reportedly gets poor reviews from customers and employees alike. I think that just might be said for many of the telecoms.
  • This one baffles me to a great extent but the chemical company has drawn public ire at a lengthy list of harmful products, including DDT, PCBs and Agent Orange. Most recently, it’s accused of causing cancer in hundreds exposed to its weed killer, Roundup.
  • I’m a Comcast subscriber and let me tell you their customer service is the WORST. They are terrible.  Enough said.
  • I have taken Uber multiple times with great success but there are individuals who have been harassed.  Hit by complaints of sexual harassment at the company and a video of its then-CEO Travis Kalanick arguing with an Uber driver, the company last year faced a slew of lawsuit and saw 13 executives resign, including Kalanick.
  • Sears Holdings. Sears plans to close more than one hundred (100) additional stores through the spring of 2018, with the count of Sears and Kmart stores already down to under 1,300 from 3,467 in 2007. Apparently, customer satisfaction is a huge problem also.  The retail giant needs a facelift and considerable management help to stay viable in this digital on-line-ordering world.
  • Trump Organization.  At this point in time, Donald Trumpis the least popular president in U.S. history, with a thirty-five (35) percent approval rating at the end of December. That disapproval extends to the Trump brand, which includes golf courses, a hotel chain and real estate holdings around the globe. One again, I suspect that most of the employees working for “the Donald” are honest hard-working individuals.
  • Wells Fargo. At one time, I had a Wells Fargo business account. NEVER AGAIN. I won’t go into detail.
  • The insurance industry is not exactly beloved, and allegations of fraud have not helped Cigna’s case. Multiple lawsuits allege the company inflated medical costs and overcharged customers.
  • Spirit Airlines. I’ve flown Spirit Airlines and you get what you pay for. I do not know why customers do not know that but it is always the case.  You want to be treated fairly, fly with other carriers.
  • Vice Media The media organization has lately been roiled by allegations of systemic sexual harassment, dating back to 2003. One of these day some bright individual in the corporate offices will understand you must value your employees.
  • The telecom gets knocked for poor customer experiences that could in part be due to service, with Sprint getting low grades for speed and data, as well as calling, texting and overall reliability.
  • Foxconn Technology Group. Once again, I’m not that familiar with Foxconn Technology Group. The company makes and assembles consumer electronics for entities including Apple and Nintendo. It’s also caught attention for poor working and living conditions after a series of employee suicides at a compound in China. It recently drew negative press for a planned complex in Wisconsin.
  • Electronic Arts. The video-game maker known for its successful franchises is also viewed poorly by gamers for buying smaller studios or operations for a specific game and then taking away its originality.
  • University of Phoenix. I would expect every potential student wishing to go on-line for training courses do their homework relative to the most-desirable provider. The University of Phoenix does a commendable job in advertising but apparently there are multiple complaints concerning the quality of services.
  • I’m a little burned out with the NFL right now. My Falcons and Titans have had a rough year and I’m ready to move on to baseball. Each club sets their own spring training reporting dates each year, though all camps open the same week. Pitchers and catchers always arrive first. The position players don’t have to show up until a few days later. Here are this year’s reporting dates for the 15 Cactus League teams, the teams that hold spring training in Arizona.
  • Fox Entertainment Group. If you do not like the channel—do something else.  I bounce back and forth across the various schedules to find something I really obtain value-added from.  The Food Network, the History Channel, SEC Network.  You choose.  There are hundreds of channels to take a look at.
  • The consumer credit reporting was hit by a massive hack last year, exposing the personal data of more than 145 million Americans and putting them at risk of identity theft. Arguably worse, the company sat on the information for a month before letting the public know.

CONCLUSIONS:  In looking at this survey, there are companies that deserve their most-hated-status and, in my opinion, some that do not.  Beauty is in the eye of the beholder.  As always, I welcome your comments.

OOPS

January 14, 2018


‘He feels really bad’: Civil Defense employee who sparked terror in Hawaii by accidentally triggering ballistic MISSILE warning will be ‘retrained’ say officials after thousands fled to bomb shelters.”

  • The alert was issued to residents’ phones at 8.07am on Saturday morning
  •  It told them to seek shelter and warned of an ‘inbound ballistic missile threat’   
  • It took 38 minutes for a second phone alert to be issued across the state 
  • By then, terrified residents had flocked to shelters and into their garages 
  • Civil Defense employee accidentally hit alert, was unaware until his phone got it
  •  An FCC investigation into the incident is underway, officials said.

A Civil Defense employee is set to be retrained after a shocking blunder on Saturday morning, when a mistaken alert warning of an inbound ballistic missile sent thousands fleeing for shelter. The false alarm was caused by a Hawaii Emergency Management Agency employee who ‘pushed the wrong buttons’ during an internal drill timed to coincide with a shift handover at 8.07am. The all-clear phone alert was not sent until 38 minutes later.  Incredibly, officials said the employee who made the mistake wasn’t aware of it until mobile phones in the command center began displaying the alert. ‘This guy feels bad, right. He’s not doing this on purpose – it was a mistake on his part and he feels terrible about it,’ said EMA Administrator Vern Miyagi in a press conference Saturday afternoon. Miyagi, a retired Army major general, said the employee had been with the agency for ‘a while’ and that he would be ‘counseled and drilled so this never happens again’ – but stopped short of saying whether there would be disciplinary measures.

He feels terrible about it.  Give me a break.  I do not want to be unkind here and we all make mistakes but this is a big one.   At one time in our history, we had the DEW Line or Distant Early Warning Line.  The DEW Line was a system of radar stations in the far northern Arctic region of Canada, with additional stations along the North Coast and Aleutian Islands of Alaska, in addition to the Faroe Islands,

Greenland, and Iceland.   The DEW line was replaced by The North Warning System and is presently composed of forty-seven (47) unmanned long and short-range radar stations extending across the Northern portion of the North American continent from Labrador to Alaska.  In 1985, it replaced the DEW Line.

In 2014, Raytheon won a five (5) year contract for the North Warning System.  The “system” is basically shown by the following digital:

The system now supports air surveillance under the North American Aerospace Defense Command.  The Federal government says Raytheon had the lowest bid, and provides the best economic benefits for Inuit.

If we take a look at distances and trajectory, we see from the following global map:

The Taepo Dong 3 ICBM missile has a range of approximately 13,000 miles which means the travel times from North Korea to the following sites is within a virtual “blink of an eye”. Based on this link, taking the more conservative speed estimate :

10,500 meters/sec = 23,400 mph (This may be optimistic – 23,000 mph is Mach 30, which is way above the usual ICBM top speed of around Mach 20 at reentry.)

DISTANCES FROM PYONGYANG TO:

To New York = 6,800 miles

To Los Angeles = 5,900 miles

To Houston = 7,000 miles

SO, TIME TAKEN TO REACH:

New York = 17 minutes

Los Angeles = 16 minutes

Houston = 18 minutes

Add maybe ten to fifteen (10 –15) additional minutes to the above times for the rocket to accelerate to max speed, then decelerate on reentry.  With that being the case, we are looking at thirty (30) minutes or less for impact.

What I’m saying; North American Aerospace Defense Command would detect a missile launched from North Korea, provide (hopefully) an almost immediate alert to Hawaii, Guam and the North American continent, THEN the respective individuals in each state or area would sound the alert to their citizens.  WE ABSOLUTELY MUST NOT ALLOW ONE “ALMOST TRAINED” INDIVIDUAL THIS RESPONSIBILITY.  What were we thinking?  What were we thinking.  Our level of complacency in this area is shameful.  Luckily, no one was injured or died of a heart attack as a result of this HUGE error.  The governor of Hawaii seemed to sluff this off as just an OOPS. OOPS is when I lock my keys in my car.  OOPS is when I forget to bring in the mail.  OOPS is when I miss a dental appointment.  This is not really an OOPS.  This is DUMB. We need to fix DUMB.


Elon Musk has warned again about the dangers of artificial intelligence, saying that it poses “vastly more risk” than the apparent nuclear capabilities of North Korea does. I feel sure Mr. Musk is talking about the long-term dangers and not short-term realities.   Mr. Musk is shown in the digital picture below.

This is not the first time Musk has stated that AI could potentially be one of the most dangerous international developments. He said in October 2014 that he considered it humanity’s “biggest existential threat”, a view he has repeated several times while making investments in AI startups and organizations, including Open AI, to “keep an eye on what’s going on”.  “Got to regulate AI/robotics like we do food, drugs, aircraft & cars. Public risks require public oversight. Getting rid of the FAA would not make flying safer. They’re there for good reason.”

Musk again called for regulation, previously doing so directly to US governors at their annual national meeting in Providence, Rhode Island.  Musk’s tweets coincide with the testing of an AI designed by OpenAI to play the multiplayer online battle arena (Moba) game Dota 2, which successfully managed to win all its 1-v-1 games at the International Dota 2 championships against many of the world’s best players competing for a $24.8m (£19m) prize fund.

The AI displayed the ability to predict where human players would deploy forces and improvise on the spot, in a game where sheer speed of operation does not correlate with victory, meaning the AI was simply better, not just faster than the best human players.

Musk backed the non-profit AI research company OpenAI in December 2015, taking up a co-chair position. OpenAI’s goal is to develop AI “in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return”. But it is not the first group to take on human players in a gaming scenario. Google’s Deepmind AI outfit, in which Musk was an early investor, beat the world’s best players in the board game Go and has its sights set on conquering the real-time strategy game StarCraft II.

Musk envisions a situation found in the movie “i-ROBOT with humanoid robotic systems shown below.  Robots that can think for themselves. Great movie—but the time-frame was set in a future Earth (2035 A.D.) where robots are common assistants and workers for their human owners, this is the story of “robotophobic” Chicago Police Detective Del Spooner’s investigation into the murder of Dr. Alfred Lanning, who works at U.S. Robotics.  Let me clue you in—the robot did it.

I am sure this audience is familiar with Isaac Asimov’s Three Laws of Robotics.

  • First Law: A robot may not injure a human being, or, through inaction, allow a human being to come to harm.
  • Second Law: A robot must obey orders given it by human beings, except where such orders would conflict with the First Law.
  • Third Law: A robot must protect its own existence as long as such protection does not conflict with the First or Second Law.

Asimov’s three laws indicate there will be no “Rise of the Machines” like the very popular movie indicates.   For the three laws to be null and void, we would have to enter a world of “singularity”.  The term singularity describes the moment when a civilization changes so much that its rules and technologies are incomprehensible to previous generations. Think of it as a point-of-no-return in history. Most thinkers believe the singularity will be jump-started by extremely rapid technological and scientific changes. These changes will be so fast, and so profound, that every aspect of our society will be transformed, from our bodies and families to our governments and economies.

A good way to understand the singularity is to imagine explaining the internet to somebody living in the year 1200. Your frames of reference would be so different that it would be almost impossible to convey how the internet works, let alone what it means to our society. You are on the other side of what seems like a singularity to our person from the Middle Ages. But from the perspective of a future singularity, we are the medieval ones. Advances in science and technology mean that singularities might happen over periods much shorter than 800 years. And nobody knows for sure what the hell they’ll bring.

Author Ken MacLeod has a character describe the singularity as “the Rapture for nerds” in his novel The Cassini Division, and the turn of phrase stuck, becoming a popular way to describe the singularity. (Note: MacLeod didn’t actually coin this phrase – he says he got the phrase from a satirical essay in an early-1990s issue of Extropy.) Catherynne Valente argued recently for an expansion of the term to include what she calls “personal singularities,” moments where a person is altered so much that she becomes unrecognizable to her former self. This definition could include post-human experiences. Post-human (my words) would describe robotic future.

Could this happen?  Elon Musk has an estimated net worth of $13.2 billion, making him the 87th richest person in the world, according to Forbes. His fortune owes much to his stake in Tesla Motors Inc. (TSLA), of which he remains CEO and chief product architect. Musk made his first fortune as a cofounder of PayPal, the online payments system that was sold to eBay for $1.5 billion in 2002.  In other words, he is no dummy.

I think it is very wise to listen to people like Musk and heed any and all warnings they may give. The Executive, Legislative and Judicial branches of our country are too busy trying to get reelected to bother with such warnings and when “catch-up” is needed, they always go overboard with rules and regulations.  Now is the time to develop proper and binding laws and regulations—when the technology is new.

HACKED OFF

October 2, 2017


Portions of this post are taken from an article by Rob Spiegel of Design News Daily.

You can now anonymously hire a cybercriminal online for as little as six to ten dollars ($6 to $10) per hour, says Rodney Joffe, senior vice president at Neustar, a cybersecurity company. As it becomes easier to engineer such attacks, with costs falling, more businesses are getting targeted. About thirty-two (32) percent of information technology professionals surveyed said DDoS attacks cost their companies $100,000 an hour or more. That percentage is up from thirty (30) percent reported in 2014, according to Neustar’s survey of over 500 high-level IT professionals. The data was released Monday.

Hackers are costing consumers and companies between $375 and $575 billion, annually, according to a study published this past Monday, a number only expected to grow as online information stealing expands with increased Internet use.  This number blows my mind.   I actually had no idea the costs were so great.  Great and increasing.

Online crime is estimated at 0.8 percent of worldwide GDP, with developed countries in regions including North America and Europe losing more than countries in Latin American or Africa, according to the new study published by the Center for Strategic and International Studies and funded by cybersecurity firm McAfee.

That amount rivals the amount of worldwide GDP – 0.9 percent – that is spent on managing the narcotics trade. This difference in costs for developed nations may be due to better accounting or transparency in developed nations, as the cost of online crime can be difficult to measure and some companies do not do disclose when they are hacked for fear of damage to their reputations, the report said.

Cyber attacks have changed in recent years. Gone are the days when relatively benign bedroom hackers entered organizations to show off their skills.  No longer is it a guy in the basement of his or her mom’s home eating Doritos.  Attackers now are often sophisticated criminals who target employees who have access to the organization’s jewels. Instead of using blunt force, these savvy criminals use age-old human fallibility to con unwitting employees into handing over the keys to the vault.  Professional criminals like the crime opportunities they’ve found on the internet. It’s far less dangerous than slinging guns. Cybersecurity is getting worse. Criminal gangs have discovered they can carry out crime more effectively over the internet, and there’s less chance of getting caught.   Hacking individual employees is often the easiest way into a company.  One of the cheapest and most effective ways to target an organization is to target its people. Attackers use psychological tricks that have been used throughout mankind.   Using the internet, con tricks can be carried out on a large scale. The criminals do reconnaissance to find out about targets over email. Then they effectively take advantage of key human traits.

One common attack comes as an email impersonating a CEO or supplier. The email looks like it came from your boss or a regular supplier, but it’s actually targeted to a specific professional in the organization.   The email might say, ‘We’ve acquire a new organization. We need to pay them. We need the company’s bank details, and we need to keep this quiet so it won’t affect our stock price.’ The email will go on to say, ‘We only trust you, and you need to do this immediately.’ The email comes from a criminal, using triggers like flattery, saying, ‘You’re the most trusted individual in the organization.’ The criminals play on authority and create the panic of time pressure. Believe it or not, my consulting company has gotten these messages. The most recent being a hack from Experian.

Even long-term attacks can be launched by using this tactic of a CEO message. “A company in Malaysia received kits purporting to come from the CEO.  The users were told the kit needed to be installed. It took months before the company found out it didn’t come from the CEO at all.

Instead of increased technology, some of the new hackers are deploying the classic con moves, playing against personal foibles. They are taking advantage of those base aspects of human nature and how we’re taught to behave.   We have to make sure we have better awareness. For cybersecurity to be engaging, you have to have an impact.

As well as entering the email stream, hackers are identifying the personal interests of victims on social media. Every kind of media is used for attacks. Social media is used to carry out reconnaissance, to identify targets and learn about them.  Users need to see what attackers can find out about them on Twitter or Facebook. The trick hackers use is to pretend they know the target. Then the get closes through personal interaction on social media. You can look at an organization on Twitter and see who works in finance. Then they take a good look across social platform to find those individuals on social media to see if they go to a class each week or if they traveled to Iceland in 1996.  You can put together a spear-phishing program where you say, Hey I went on this trip with you.

CONCLUSIONS:

The counter-action to personal hacking is education and awareness. The company can identify potential weaknesses and potential targets and then change the vulnerable aspects of the corporate environment.  We have to look at the culture of the organization. Those who are under pressure are targets. They don’t have time to study each email they get. We also have to discourage reliance on email.   Hackers also exploit the culture of fear, where people are punished for their mistakes. Those are the people most in danger. We need to create a culture where if someone makes a mistake, they can immediately come forward. The quicker someone comes forward, the quicker we can deal with it.

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